Mark Gurman

The CEO of Altruist joins us to discuss.

There's a lot of pieces of consecutive red on the screens we've been putting up.

Cisco, no exception.

Down 11% on track for its biggest drop since May of 2022.

And prior to today's session, it was up 11% and had momentum.

Outlook is strong on sales for the current period.

AI demands there, but there's margin compression.

memory chip prices.

Let's get more with Bloomberg Intelligence Senior Hardware and Network Analyst Woojin Ho.

It's actually probably a good time to remind us what Cisco is and what Cisco does.

But the memory issue is factoring in to servers and right now you are leading with your React piece on the Bloomberg terminal with the memory chip issue.

What do we need to know?

Yeah, well, I think it's the key question the market is wrestling with right now.

And so when I think about it, it's really just what is on the right side of change, I think, and what is the inevitability here.

And I think what you're seeing with cloud co-work is that these agents are becoming more autonomous and they can actually execute.

execute things on their own, do more than just, like, you had to prompt something, like Chachapiti, you know, for your own personal Chachapiti.

So what's exciting is that these enterprise agents, I think, are going to be more of a force here, and we're starting to see that really pay off.

And when you think about it, like, I think the market's reacting the way it is because if you think about it in the future, like, there are wide-sweeping implications for companies

what most mean like in terms of software as well as information services.

So it's definitely a disruptive potential force here.